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Is There Really A Difference Between Advertising And Marketing?
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| Guest post by: Charly Leetham |
Article Overview: Many business people often confuse advertising with marketing - however, advertising is only a small part of the activity called Marketing. Marketing encompasses the complete conceptualization of a product or service right from the research, the design, creation and refinement of the product, advertising, sales and delivery. Each of these phases operate independantly, but collectively, to achieve success in selling the product or service and enhancing the companys reputation. By understanding the difference between Marketing and Advertising, Business Owners will be able to create targetted, effective sales campaigns and save time and money as well...
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Is There Really A Difference Between Advertising And Marketing?
Many business people often confuse advertising with marketing - however, advertising is only a small part of the activity called Marketing. Marketing encompasses the complete conceptualization of a product or service right from the research, the design, creation and refinement of the product, advertising, sales and delivery. Each of these phases operate independantly, but collectively, to achieve success in selling the product or service and enhancing the companys reputation.
As you'll notice, advertising is just one component of the marketing process - it is the delivery of the message through various mediums, to promote and sell the product.
Advertising is certainly an important component of a marketing strategy and possibly the most expensive. Done correctly, the advertising process involves reviewing the marketing research and developing and analyzing strategies to come up with advertisements that will appeal to the target audience.
The advertising strategy consists of determing the right medium to use, times and frequency. When considering where to advertise, most businesses immediately think of Newspaper, Magazine, Television and Radio campaigns however, there are many other advertising channels available including letter box drops (flyers), flyers on community billboards or noticeboards, sponsorships of community groups, sms or text messaging and of course, online and internet marketing (email, ppc, banner advertising, Social media).
In addition, it is really important to determine the best (and most effective) channels to reach the Target Audience (the people who will buy your product or service).
Many business people make the mistake of confusing advertising with marketing and try to mimic the big companies like Coke, IBM and Nike. What these business people either don't realize or forget, is that these large companies have spent a lot of time developing their marketing strategy before implementing an advertising campaign (where they can spend a lot more money). A great example of this behavior, is the Logo for a product - many business owners get so tied up in creating the logo and including it in their advertising because they think it will bring in sales (it certainly works for Coke, so why not?). However, a logo only really works because of the reputation of the company, which is built through a well planned and executed marketing strategy.
It is this reason that makes it important for business owners to understand the difference between marketing and advertising - so they can determine the best place to invest their time and money for maximum return. For example, initially branding the product may not be as important as communicating with the customer to educate them on your companies unique offerings and finding out what your customer is truly looking for.
Smart business owners will take the time to develop a marketing strategy so that they can understand their Target Audience, what benefits their offering needs to deliver to the customer and the best places to reach the Target Audience, among other things.
Armed with this information, effective and powerful advertising campaigns can be developed.
Referred by: http://www.outrageouslyhealthy.com
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About the Author: Charly Leetham RSS for Charly's articles - Visit Charly's website Charly Leetham is a Business Implementation expert and she works directly with businesses to translate their unique business requirements into a technical specification. Charly then surveys (reviews) what is currently available that will meet her clients needs and presents options for a best fit solution within the clients budget. Charly's expertise has been developed throughout her career that exceeds 24 years. Initially as a hands on 'tech' in the Electronics and Communications Industry (before the IT Industry even existed) and later as a Sales Person, Client Relationship Manager and Contract Manager managing business for employers. In 2004, Charly left her steady, 6 figure a year job to follow her dream of becoming a small business entrepreneur. Her journey has taken her from Retail Store Franchisee, through financial turbulence to a steady and comfortable Home Based Business. Charly shares the experience, the challenges, the realisations and the lessons that she has learnt during her journey to Home Business Entrepreneur. In addition, Charly is Wishlist Member Certified and is one of a few online business professionals who are recommended by the creators of the Wordpress Wishlist Membership Plugin to consult, install and configure Wordpress based Membership and Community Sites.Click here to visit Charly's website Small Business Launching Your Own Product Small Business The Power Of Press Releases Can You Create A Business With Children Under Foot Is There Really A Difference Between Advertising And Marketing Online Suppliers Contracts Digital Signing and more |
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